Trump Legal Team May Have Just Destroyed James’ Fraud Case Against Trump
Things are starting to get juicy in the fraud case that was brought against Donald Trump by New York Attorney General Letitia James.
The plaintiffs are done presenting their case and now it is Trump’s turn, and his attorneys are firing on all cylinders.
They shot some considerable holes in the case, but the question remains if it will do anything to change the mind of Judge Engoron.
Will It Matter
One of the biggest things that Trump has going for him in this case, in my opinion, is what appears to be blatant bias on the part of Judge Engoron.
Engoron has been combative from the outset, even issuing a partial summary judgment against Trump before the trial began, largely based on flawed valuations of Trump properties.
There is also the fact that some of James' witnesses were not credible, most notably Michael Cohen, who even admitted lying during previous testimony.
Then there was the testimony of AP. David Williams, who has worked for 17 years in Deutsche Bank’s private wealth management division and was involved with Trump Organization loans.
He testified that the banks lowered Trump’s overall net worth from $4.4 billion to $2.4 billion, stating, “It’s not unusual or atypical for any client’s provide[d] financial statements to be adjusted to this level to this extent.”
I keep referring back to the valuation of Mar-a-Lago, a property that is about 62,500 sq. ft. which was valued at about $28 million.
Yet, if you go on any realtor site, you will see properties one-tenth the size going for upwards of $60 million in the same area.
Now, do I believe that Engoron will change his mind? Not in the least, but I strongly believe that Trump will win this case on appeal at some point, even if he has to take it to the Supreme Court.